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The Perspective of the Oriental Philosophy and its Relationship with Economic Prosperity

East Asian Journal of Business Economics / East Asian Journal of Business Economics, (E)2288-2766
2023, v.11 no.4, pp.1-10
https://doi.org/10.20498/eajbe.2023.11.4.1
NA Namim
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Abstract

Purpose – Investigating the connection between ‘Oriental philosophy’ and financial success is an adventure into the world of old knowledge and its applicability to the modern era. Thus, the current study aims to find ways to approach economic growth in a more inclusive, sustainable, and comprehensive way if we can sort out the complex webs that bind these two fields. Research design, data, and methodology – The main component of the current study is a thorough literature investigation in the current major database that gathers information from fifteen significant research articles. Numerous disciplines, including political science, economics, philosophy, and cultural studies, are represented among the selected papers. Result: The finding section provides a comprehensive knowledge of how concepts of oriental philosophy intersect with and have the capacity to revolutionize economic systems by delving into the subtle insights gleaned from the literature survey, case studies, and comparative analyses. Conclusion – The study concludes that oriental philosophies' emphasis on social harmony and community welfare points to the necessity of policies beyond only looking at financial data. Practitioners can use the study's conclusions to guide the creation of inclusive policies that put the welfare of all people first, deal with social injustices, and advance environmental sustainability.

keywords
Economic Prosperity, Oriental Philosophy, Literature Investigation

East Asian Journal of Business Economics